What Insurers Need to Know About Next-Gen Cyber Threats
Insurers writing cyber coverage look to their reinsurer for trends, perspective on risk accumulation, and risk management resources.
The decision to pay or reject ransom demands is a complicated mix of identifying the source, evaluating backup plans and remaining compliant.
Some cyber intrusions result in full-fledged data breaches, which trigger mandatory regulatory and legal responses.
Ransomware developers have begun selling their software to would-be peers, making it more difficult to identify the source by the characteristics of the attacking software.
Characteristics of a ransomware attack reveal much about the source or identity of the attack, which can help determine the likelihood of recovering their data.
